Pakistan's brief period as a destination for adventurous investors seems over for now, as the assassination of opposition leader Benazir Bhutto brings fresh instability to an already volatile nuclear-armed nation.
"This is the worst possible scenario for foreign investment," said Luis Costa, head of emerging debt at Commerzbank in London. "Probably there are many months of volatility ahead and this environment of chaos is perfect for Islamic militants."
For the last couple of years, Pakistan has lured growing amounts of foreign cash. Its Karachi stock market is up 50% year to date, making it one of Asia's best-performing indexes.
Foreign direct investment in Pakistan almost doubled in the last fiscal year, according to central bank data.
Those financial positives were partly due to the stability that President Pervez Musharraf's firm military rule had brought.
"So far Musharraf has delivered reasonably well: The stock market has gone up, investment has gone in and the economy has done OK," said Rashna Writer, principal analyst at Risk Bureau, a consulting firm in London.